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European stocks are mainly positive near two-month highs after continuing Friday's rally fuelled by ECB president Mario Draghi's dovish comments and hints that the ECB is going to fight disinflation and the peoples Bank of China's surprise cut in benchmark interest rates. Today German IFO Business climate that measures attitudes toward business prospects over the next six months in Germany, Eurozone's biggest economy and indicator for the whole Eurozone's economic growth, published at 09:00 GMT were better-than-expected for November reading 104.7 beating forecasts by 1.7. The FTSE 100 index is currently trading almost unchanged -0.09% at 6,725.27 points, whereas Germany's DAX 30 gained +0.68% trading at 9,799.01 points and France's CAC 40 is up +0.85% currently quoted at 4,384.12 points.
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